Loading chat...
AZ HB2342
Bill
Status
4/5/2016
Primary Sponsor
David Livingston
Click for details
AI Summary
-
Removes the requirement that authorized insurers have policies countersigned by a licensed insurance producer or bail bond agent, replacing it with a requirement that the policy declaration page or endorsement identify the name of the producer licensed for that line of authority in this state.
-
Eliminates subsection D of section 20-229 that permitted countersignatures to be made by facsimile or other reproduced signatures.
-
Amends section 20-286 to require licensees to notify the director of changes to their e-mail address in addition to residential or business address changes within thirty days.
-
Amends section 20-1693 by changing the definition of "vendor" in portable electronics insurance from "person" to "business" to clarify that vendors must be business entities.
-
Repeals section 20-2405, Arizona Revised Statutes.
Legislative Description
Insurance; licensed entities
Last Action
Chapter 101
4/5/2016